We study the relationships between corporate R&D and three components of public science: knowledge, human capital, and … established firms, which account for more than three-quarters of business R&D, is affected by scientific knowledge produced by … innovation in firms. However, inventions from universities and public research institutes substitute for corporate inventions and …

We characterize the contribution of immigrants to US innovation, both through their direct productivity as well as … Number is assigned. We find immigrants represent 16 percent of all US inventors, but produced 23 percent of total innovation … premature inventor deaths, we find that immigrant inventors create especially strong positive externalities on the innovation …

increase mirroring the social cost of carbon. We find that the induced clean innovation response primarily comes from existing …

While policymakers often assume venture capital has a profound impact on innovation, that premise has not been … measures of innovation are used in a sample of 530 venture-backed and non-venture-backed firms …

knowledge is an input into internal invention, and thus, more valuable to firms with inventive capability. Using a simple model … of innovation and imitation, we explore how inventive capability affects a firm's R&D investments, and thus whether and … external knowledge as well as the supply of external inventions. In an advance over the literature, we treat firm inventive …